SEC Form 4 · accession 0001209191-15-008413
PMC SIERRA INC · PMCS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Travis Karr
Officer — VP, GM Enterprise Storage Div
Period of report
Jan 30, 2015
Accepted (ET)
Feb 2, 2015 · 6:51 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000767920
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 30, 2015 | M | 2,812 | $5.71 | A | 174,863 | D | |
| Common Stock | Jan 30, 2015 | S | 2,812 | $8.79 | D | 172,051 | D | |
| Common Stock | Jan 30, 2015 | M | 3,100 | $6.53 | A | 175,151 | D | |
| Common Stock | Jan 30, 2015 | S | 3,100 | $9.00 | D | 172,051 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common StockF2 | $5.71 | Jan 30, 2015 | A | 2,812 | D | — | Aug 7, 2022 | Common Stock | 2,812 | 17,813 | D |
| Common StockF3 | $6.53 | Jan 30, 2015 | A | 3,100 | D | — | Aug 6, 2023 | Common Stock | 3,100 | 32,034 | D |
Explanation of responses
- F1The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 2, 2014.
- F2One-fourth of the shares subject to the option vested on August 7, 2013 and one forty-eighth of the shares shall vest monthly thereafter.
- F3One-fourth of the shares subject to the option vested on August 6, 2014 and one forty-eighth of the shares shall vest monthly thereafter.